Section 50C not applicable if assessee invested entire “Actual Net Sale Consideration” in new house property u/s 54F – Lucknow Tribunal also confirmed it
Assessee to prove ‘no willful default’ during Trial. J & K HC Upheld prosecution proceedings initiation u/s 276C/ 277
Activity of running school buses to facilitate transportation of students and staff, whether a commercial activity for exemption u/s 11
Procedure notified for furnishing Form 26A electronically for correction and removal of technical defaults under the withholding tax provisions